Don Dion's InstablogDon Dion (donalddion@gmail.com, @DRDInvestments) is the owner and Chief Investment Officer of DRD Investments, LLC, based in Naples, FL. and Williamstown, MA., a family office focused on managing a long/short hedge fund, real estate assets and various other financial assets for the Dion family. Don no longer manages money for other families or institutions.
Mr. Dion is also the trustee of the Dion Family Foundation which focuses on helping individuals with tuition assistance at Catholic Institutions for grammar school, high school and college education. The foundation also helps individuals by supporting health care institutions particularly Massachusetts General Hospital. Don is on two leadership and advisory committees at Massachusetts General Hospital, consults with Saint Dominic's Academy and serves as a trustee of Saint Michaels College.
Mr. Dion is the retired publisher of the Fidelity Independent Adviser (http://www.fidelityadviser.com/) family of newsletters, which provides to a broad range of investor commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 30,000 subscribers in the United States and 29 other countries, Fidelity Independent Adviser publishes two monthly newsletters and one weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 16 years and reaches over 25,000 subscribers.
Mr. Dion is also the sole founder and retired C.E.O. of Dion Money Management (http://www.dionmm.com/), a fee-based investment advisory firm for affluent individuals, families and nonprofit organizations, where he was responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Massachusetts and Naples, Fl., Dion Money Management managed over $900 million in assets for clients in 49 states and 11 countries when he sold the company to Focus Financial Partners in September of 2007.
Mr. Dion was the co-founder, Chairman and C.E.O. of Litchfield Financial Corp. "LTCH" a NASDAQ listed company which went public in 1992 and was acquired by Textron Corp. in 1995 for cash consideration.
Don was also the Executive Vice President, C.F.O. and General Counsel for Bluegreen Corp. "BXG" a NYSE company from 1986 to 1988.
Mr. Dion graduated with honors from Saint Michaels College in 1976 with a B.S. degree in Economics and Business Administration. He received his J.D. degree from the University of Maine Law School in 1979 and his LL.M. degree from Boston University Law School in 1982.
After law school, Mr Dion was employed as a tax and estate planning lawyer with the Boston Law Firm of Warner and Stackpole from 1983 to 1985 and Ernst and Young as a C.P.A. from 1979 to 1983.
Mr. Dion can be reached at DonaldDion@Gmail.Com.Don Dionhttp://seekingalpha.com/author/d/o/n/don-dion/instablog
IPO Lockup Expiration: Wayfair - Todayhttp://seekingalpha.com/instablog/114885-don-dion/3871256-ipo-lockup-expiration-wayfair-today?source=feed
3871256

Today, March 31, 2015, marks the expiration of the 180-day lockup period for Wayfair expires; at this point, Wayfair's 10+ major pre-IPO shareholders have a first chance to sell their holdings.

The event could cause a significant price drop; research has shown declines of ~-5% in the days surrounding the expiration.

Wayfair has been successful in its first six months of public trading; insiders could be ready to take profits.